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Nov 15, 2012
11/12
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that's the problem boehner had. if boehner had 35 safe republicans, safe from a primary challenge, safe from somebody from the right on taxes, i think this deal would have happened even a lot sooner. they might have gone ahead and passed parts of -- most of that bill that came through the senate. >> they have to schedule -- the thing about leadership is they have to schedule a bill. that's the tricky part. let's take a look at this. a very interesting moment in the press conference today, extremely interesting when president obama was asked about comments from his former opponent, john mccain, who made some nasty comments about susan rice, the united states ambassador to the u.n. and she may well be the head of the state department soon. here's the president responding in a very personal way. i thought this was really a moment here. >> let me say specifically about susan rice. she has done exemplary work. she has represented the united states and united nations with skill and professionalism and tough theness and gr
that's the problem boehner had. if boehner had 35 safe republicans, safe from a primary challenge, safe from somebody from the right on taxes, i think this deal would have happened even a lot sooner. they might have gone ahead and passed parts of -- most of that bill that came through the senate. >> they have to schedule -- the thing about leadership is they have to schedule a bill. that's the tricky part. let's take a look at this. a very interesting moment in the press conference today,...
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Nov 18, 2012
11/12
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. >> president obama and house leader john boehner before him sounding somewhat positive on working out a plan to divert the fiscal cliff. they met in person at the white house on friday, along with house minority leader nancy pelosi and senate majority leader harry reid and minority leader senator mitch mcconnell. jeff, it seems like the media are poised to blame republicans if the deal falls apart. >> if you look at the polling, over half the country believes it's the g.o.p.'s fault if this deal falls apart. why that? the democrats and the president himself have done an effective job of essentially trashing republicans saying that this whole, the reason that there's a, you know, there isn't a deal in the first place, because it's their fault and that's not true. it's both parties that did this and the president particularly not showing leadership and kicking the can down the road and creating a super committee. the media is not covering this correctly at all. reporting that the president want a deficit package. 1 trillion from tending the war and that's going to happen and another tri
. >> president obama and house leader john boehner before him sounding somewhat positive on working out a plan to divert the fiscal cliff. they met in person at the white house on friday, along with house minority leader nancy pelosi and senate majority leader harry reid and minority leader senator mitch mcconnell. jeff, it seems like the media are poised to blame republicans if the deal falls apart. >> if you look at the polling, over half the country believes it's the g.o.p.'s...
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Nov 20, 2012
11/12
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speaker boehner tapped paul ryan to help get his party in line ahead of deficit talks. where in the world is eric cantor? we will talk with luke russert and martin bashir about whether or not the gop can get its frogs in the wheel barrow. >> "new york times" national editor sam sifton says why you shouldn't think about serving salad or anything before the big meal. all of that when "now" starts in a mere 180 seconds. [ male announcer ] if you suffer from heartburn 2 or more days a week, why use temporary treatments when you can prevent the acid that's causing it with prevacid24hr. with one pill prevacid24hr works at the source to prevent the acid that causes frequent heartburn all day and all night. and with new prevacid24hr perks, you can earn rewards from dinner deals to music downloads for purchasing prevacid24hr. prevent acid all day and all night for 24 hours with prevacid24hr. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a tric
speaker boehner tapped paul ryan to help get his party in line ahead of deficit talks. where in the world is eric cantor? we will talk with luke russert and martin bashir about whether or not the gop can get its frogs in the wheel barrow. >> "new york times" national editor sam sifton says why you shouldn't think about serving salad or anything before the big meal. all of that when "now" starts in a mere 180 seconds. [ male announcer ] if you suffer from heartburn 2 or...
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Nov 20, 2012
11/12
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apparently john boehner didn't get the memo. this is "the ed show." let's get to work. >> we have seen people talk about a possible compromise. is that something that's accepted? >> no. >> democrats aren't budging. the union breaks news on my radio show. >> how will you feel if the bush tax cuts expired across the board and we started over with the obama tax cuts? >> i think that would be acceptable. >> former labor secretary robert rush and bill pascrell on the latest movement on the fight for the middle class. >> a judge orders mediation for hostess and its employees. but make no mistake, the vulture capitalists will get their cut. i'll talk twinkie. >>> plus john mccain continues to spiral out of control over benghazi. >> the chickens are now coming home to roost. >> the banks revolt against elizabeth warren. >>> and workers are threatening strikes at walmart stores across america. >> we expect our associates to do their job. >> josh ed elson has the latest on the workers versus walmart. >>> good to have you with us. thanks for watching. democratic
apparently john boehner didn't get the memo. this is "the ed show." let's get to work. >> we have seen people talk about a possible compromise. is that something that's accepted? >> no. >> democrats aren't budging. the union breaks news on my radio show. >> how will you feel if the bush tax cuts expired across the board and we started over with the obama tax cuts? >> i think that would be acceptable. >> former labor secretary robert rush and bill...
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Nov 17, 2012
11/12
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the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. and how you score it and that kind of thing. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able to pull it off. >> the key there is the faster that it happens, the more likely it is to happen and the longer it drags on, the less likely it gets. john stanton, thank you very being with us. appreciate it. >> sure. >>> best new thing in the world, flat earth edition in a good way, is straight ahead. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications,
the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. and how you score it and that kind of thing. so it could, if enough pressure comes on leadership and if they feel...
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Nov 17, 2012
11/12
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after a closed-door meeting, house speaker john boehner said, quote, i believe we can do this. nancy pelosi said we understand our responsibility. if they fail to act, the bush tax cuts would end on january 1. that's the same day sharp cuts to government spending take effect. economists fear the combination could send the country back into a recession. a train that slammed into a parade float, carrying wounded veterans was moving slower that the posted speed limit. safety officials in texas say it was going 62 in a 70-mile-per-hour zone and the train applied its emergency brakes before crashing into the trailer. the accident killed four veterans and injured 16 other people. i'm marianne rafferty. now back to "on the record." >> greta: harry reid telling senate republican leaders, no, rejecting a request for a watergate-style select committee to investigate the benghazi attack. earlier, john mccain led the charge for a special committee. but in a letter tonight, senator reid saying there are plenty of committees investigating benghazi and he took aim at senator mccain, saying he
after a closed-door meeting, house speaker john boehner said, quote, i believe we can do this. nancy pelosi said we understand our responsibility. if they fail to act, the bush tax cuts would end on january 1. that's the same day sharp cuts to government spending take effect. economists fear the combination could send the country back into a recession. a train that slammed into a parade float, carrying wounded veterans was moving slower that the posted speed limit. safety officials in texas say...
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Nov 20, 2012
11/12
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boehner, and company, they're talking about that last time around. >> your tax pledge as between the representatives and the people but you are seen as the umpire or arbiter. if there is a net increase in taxes, as an arbiter would you say it is in violation of the pledge and are you worried by the words you are hearing from speaker boehner? are they talking to -- talking about a net increase or our people hearing it wrong? >> he said he is in favor of revenues come from growth and series spending restraint. -- serious spending restraint. one number that does not pittosporum is the cbo says if you grow at 4% a year -- congressional budget office -- they do static modeling. a whole bunch of things i think and this is the case for how important growth is and how to get it, but their number, if you grow 4% a year, reagan numbers, instead of 2% a year, france's last 20 years or obama's i point, you do that for a decade 2% additional growth, the federal government nets' $5 trillion more than it would have because more people working. if at this point from the bottom of recession, if obama
boehner, and company, they're talking about that last time around. >> your tax pledge as between the representatives and the people but you are seen as the umpire or arbiter. if there is a net increase in taxes, as an arbiter would you say it is in violation of the pledge and are you worried by the words you are hearing from speaker boehner? are they talking to -- talking about a net increase or our people hearing it wrong? >> he said he is in favor of revenues come from growth and...
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Nov 17, 2012
11/12
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boehner. is it any different, or is this just about, i don't know, smoke and mirrors? >> well, i think the atmosphere is certainly different as you mentioned. in the past, these guys would go back to capitol hill and put out competing statements about what went on during the meetings. you saw what happened last year during the debt ceiling negotiations. this time it was one big happy family. there certainly seems to be some sort of recognition on the part of how fed up american people with sort of the seeing this game of chicken being played at such a high stakes time. i think there is certainly, after this election, there is kind of a let's get down to business. let's see if we can get this thing done. whether that can translate -- david just said, the biggest sticking point, taxes on the wealthy is still on the table. you can sing happy birthday to john boehner as much as you want. gwen: he would still say no. >> absolutely. i think it's really premature to try to predict what is going to ha
boehner. is it any different, or is this just about, i don't know, smoke and mirrors? >> well, i think the atmosphere is certainly different as you mentioned. in the past, these guys would go back to capitol hill and put out competing statements about what went on during the meetings. you saw what happened last year during the debt ceiling negotiations. this time it was one big happy family. there certainly seems to be some sort of recognition on the part of how fed up american people...
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Nov 18, 2012
11/12
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. >> boehner as a caucus that has dug in its heels on any kind of compromise. the picture of the john boehner, this cartoon character, holding a football, saying to president obama, "ust me it." >> you know, there was an election on november 6, and the democrats did not do that badly. who gives here? >> everybody has got to give. >> you say it and say and say, but you cannot tax your way out of this debt and you cannot slash expenses and get out of this and get rid you have got to do both. >> someone gradually. >> president seems to be offering a two-for-one deal, for every $1 of tax increase, he will cut taxes by two dollars. simpson-bowles wanted a one-to-3 ratio. publicans 10. -- republicans want zero. >> business community does not want us to go over the cliff. >> what the republicans amenable to increases in taxes -- >> use the word "revenue." >> you had nancy pelosi taking the position -- $1 million, not $250,000. john mccain has suggested make it $500,000. that is where the movement is going to come, with that number. >> is there a deal in the works behi
. >> boehner as a caucus that has dug in its heels on any kind of compromise. the picture of the john boehner, this cartoon character, holding a football, saying to president obama, "ust me it." >> you know, there was an election on november 6, and the democrats did not do that badly. who gives here? >> everybody has got to give. >> you say it and say and say, but you cannot tax your way out of this debt and you cannot slash expenses and get out of this and get...
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Nov 19, 2012
11/12
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. >>> coming up, speaker boehner has a great new idea. a new way to make compromise in this tax fight. he's tapping paul ryan to take a big new role. it makes perfect sense. >>> also, your john mccain hypocrisy alert is coming. he wants an apology from susan rice. is he kidding? we're still waiting on yours. >>> plus, here comes their worst night mare. we'll tell you what senate republicans are secretly saying behind closed doors about elizabeth warren coming to washington. not exactly planning a welcome party. >>> and how about this picture all over the internet? we'll explain what it's all about. >>> in a conference call, he won because he gave big gifts to target ed voters but some believe he won because of the big gift he got from republicans. [ male announcer ] what are happy kids made of? bikes and balloons, and noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. a wand, some wings, soup with good things. sidewalks and doodles and wholesome noodles. puddles and pails and yes, puppy do
. >>> coming up, speaker boehner has a great new idea. a new way to make compromise in this tax fight. he's tapping paul ryan to take a big new role. it makes perfect sense. >>> also, your john mccain hypocrisy alert is coming. he wants an apology from susan rice. is he kidding? we're still waiting on yours. >>> plus, here comes their worst night mare. we'll tell you what senate republicans are secretly saying behind closed doors about elizabeth warren coming to...
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Nov 17, 2012
11/12
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the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able to pull it off. >> the key there is the faster that it happens, the more likely it is to happen and the longer it drags on, the less likely it gets. john stanton, thank you very being with us. appreciate it. >> sure. >>> best new thing in the world, flat earth edition in a good way, is straight ahead. ♪ here a cheap, there a cheap, everywhere a cheap... you get it. so, what if instead of just a cheap choice, you could make a smart choice? like, esurance for example. they were born online and built to save people money from the beginning. it's
the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able...
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Nov 15, 2012
11/12
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john boehner initially said, listen, president, it's time fur to lead. that's what you saw in that press conference, the president saying look at the map, look at my victory and get what and, oh, yeah, guess what, i've won. >> we've officially renamed the fiscal cliff the fiscal curb. it's a little step down and you keep taking the steps so by the time you goat march or april, there's something significant happening but not right away. but there's a tricky thing here. both sides want to call it a cliff because both sides need drama in order to drive the urgency of their position but i'm wondering if at some point the president doesn't soften this as we get into late december and start to say to people, well, on the first week of january, you're going u just going to see a little step. and we will have time to fix it retroactively. >> i think that's probably what you will hear. i think ultimately this is going to be some kind of compromise. the fiscal cliff, it would be about $6 hup billion worth of tax cuts. i think it is going to be softened. there are
john boehner initially said, listen, president, it's time fur to lead. that's what you saw in that press conference, the president saying look at the map, look at my victory and get what and, oh, yeah, guess what, i've won. >> we've officially renamed the fiscal cliff the fiscal curb. it's a little step down and you keep taking the steps so by the time you goat march or april, there's something significant happening but not right away. but there's a tricky thing here. both sides want to...
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Nov 16, 2012
11/12
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we saying to speaker boehner, here is what we need in revenue as part of a balanced plan. we think you get there by reagans the rates to the clinton era levels. we will look at it, we think the way to do it is to have the rate return for high income earners for clinton era levels. >>neil: is this guy creating a distraction for this guy? ♪ buy 5-hour energy pink lemonade and ♪ ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ >>neil: a sex scandal ended this man's career, and how much could it affect this man's career, saying that c.i.a. new from day one benghazi attack was terrorism and the white house said otherwise. the ball is in the president's court the next move could make. >> the differe
we saying to speaker boehner, here is what we need in revenue as part of a balanced plan. we think you get there by reagans the rates to the clinton era levels. we will look at it, we think the way to do it is to have the rate return for high income earners for clinton era levels. >>neil: is this guy creating a distraction for this guy? ♪ buy 5-hour energy pink lemonade and ♪ ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪...
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Nov 15, 2012
11/12
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WUSA
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. >> reporter: but john boehner has ball clubbed at that idea. it would take away his party's leverage in calf issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of raising their tax rates. >> we're not going to hurt our economy and make job creation more difficult, which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't do enough to cut the deficit. they will have that argument face to face with boehner on friday. >> one of the most frequent criticisms we've heard over the past few years from members on both side is that you haven't done enough to reach out and build relationships. are there concrete ways that you plan to approach your relationships with congress in the second term
. >> reporter: but john boehner has ball clubbed at that idea. it would take away his party's leverage in calf issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of...
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Nov 17, 2012
11/12
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the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able to pull it off. >> the key there is the faster that it happens, the more likely it is to happen and the longer it drags on, the less likely it gets. john stanton, thank you very being with us. appreciate it. >> sure. >>> best new thing in the world, flat earth edition in a good way, is straight ahead. [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malib
the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able...
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Nov 12, 2012
11/12
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can boehner think, look, got as much mandate as the president? >> i think he should absolutely think that, paul. the president made clear, didn't really run on the second term agenda and didn't talk about it much. i'll tell you what the mandate is right now, the mandate is that fiscal cliff, the bipartisan mandate. >> paul: to go off it is the mandate or not to go off. >> i think the stock market went off in the last week, people are saying pretty clearly you've got to do something about this now. i think they have a lot of leverage here, because if something isn't done, the economy is going to decline, maybe go into recession and i think employment can get as high as 10%. >> paul: if we had another recession it would have. >> if you're the president of the united states in a second term, you do not want a legacy, unemployment-- >> the lesson, don't give in at all, you won and if you go off a cliff, you blame them and they'll get the blame. >> he has no other term. i think obama's going to start thinking about his legacy and i predict he may thro
can boehner think, look, got as much mandate as the president? >> i think he should absolutely think that, paul. the president made clear, didn't really run on the second term agenda and didn't talk about it much. i'll tell you what the mandate is right now, the mandate is that fiscal cliff, the bipartisan mandate. >> paul: to go off it is the mandate or not to go off. >> i think the stock market went off in the last week, people are saying pretty clearly you've got to do...
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Nov 16, 2012
11/12
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the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort of automatic cuts that we see as a sequester, and the tax increases and have a mechanism you can replace them with. listen to the congressional leaders in their photo op in the white house before thanksgiving that they had today. >> we've put revenue on the table, as long as it's accompanied by significant spending cuts. >> we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. >> we fully understand
the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort...
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Nov 15, 2012
11/12
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. >> reporter: while john boehner agreed ballparks ises in, he said -- bipartisan cooperation is necessary, he said the president's plan is wrong >> we are not going to hurt our economy. >>> that cia sex scandal highlights the insecurities of e-mail. but there are more ways than ever to hide sensitive documents and erase your footsteps. len ramirez shows us how. >> this tape will self-destruct in 5 seconds. >> reporter: there has always been a need to protect sensitive information. whether it's a corporation dealing with trade secrets or a senator trying to hide an adulterous affair. our information more vulnerable than ever. >> the biggest concern is the security of the information in the cloud. >> reporter: the cloud based in san jose has been doubling in size the last two years by creating software that encrypts e-mail to make it unreadable to any outsider. >> if you're not going through our gateway, all you'd see is gibberish. >> reporter: it's designed as a business security system. >> consumer data. >> reporter: but there's an emerging market for consumer products. remember that self
. >> reporter: while john boehner agreed ballparks ises in, he said -- bipartisan cooperation is necessary, he said the president's plan is wrong >> we are not going to hurt our economy. >>> that cia sex scandal highlights the insecurities of e-mail. but there are more ways than ever to hide sensitive documents and erase your footsteps. len ramirez shows us how. >> this tape will self-destruct in 5 seconds. >> reporter: there has always been a need to protect...
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Nov 20, 2012
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i hope boehner starts to attack what you perceive as their strength. it will force the democrats to stand up for more traditional what we associate with the democratic party, which is we're going to protector things like social security, medicare and we'll go further with more progressive taxation and expand social security because frankly it makes sense to do so at this point. >> cenk: the argument that paul krugman, who i come back to frequently because he has been about the only economist who has been right at every stage from pre-cataclysm through now wait a minute weynes was right. he's basically saying the social safety net is what we need to build a middle class and create the assumption and create jobs. >> we can create medicare and the government can provide less money for seniors. in the end it comes out of their kids pockets. you're basically allowing for a tremendous amount of income inequality to continue in this country, and hopefully this will push the democrats to the left. if the republicans at least nominally shed some of these more s
i hope boehner starts to attack what you perceive as their strength. it will force the democrats to stand up for more traditional what we associate with the democratic party, which is we're going to protector things like social security, medicare and we'll go further with more progressive taxation and expand social security because frankly it makes sense to do so at this point. >> cenk: the argument that paul krugman, who i come back to frequently because he has been about the only...
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Nov 14, 2012
11/12
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boehner has been ee re-elec. what about mitch mcconnell. he sounds as object strucktive as he has over the last four years. what's going to happen to him? >> i went to his photo op yesterday where he unveiled new members of the republican freshman class. they could have had that in a broom closet because there were only three of them and they were sitting there nodding their heads and grinning for the cameras. is he going to play the bad cop here. i mean, boehner at some point is going to be in a position of actually having to lead. mcconnell can still be, because he's in the minority, can still be -- well, he can't make it his top priority to defeat obama but he can make it a top priority to defeat all of obama's policies. >> wouldn't it be great if they actually worked together? >> it's important to keep in mind john boehner is an old school guy willing to cut deals and be reasonable and compromise. now, the question is whether or not with eric cantor and the rest of the leadership kind of eyeing him how far he'll be able to go. but boehn
boehner has been ee re-elec. what about mitch mcconnell. he sounds as object strucktive as he has over the last four years. what's going to happen to him? >> i went to his photo op yesterday where he unveiled new members of the republican freshman class. they could have had that in a broom closet because there were only three of them and they were sitting there nodding their heads and grinning for the cameras. is he going to play the bad cop here. i mean, boehner at some point is going to...
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Nov 18, 2012
11/12
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why did obama double the revenue target from 800 billion that he wanted in negotiation weise boehner, in 2011, why did he had less access. i think the question is billion than he was looking for before. this gives him a better starting point. i do think that both sides are going to try to work something out before the end of the year because they are all worried about the impact on the economy, not just in jab, but right now while you're watching the stock market and others negatively react to the fact that they are fearing this fiscal cliff. >> he must have known that this 1.6 trillion is a far more realistic number in the objectives. why didn't he mention >>> president obama will nominate susan rice as secretary of state. >> nope, he will back down. >> he won't back down. >> he will back down and not nominate her. >> he will 30 cure the state's budget problems? and will the growing economy take the state out of danger? a new approach to ridd
why did obama double the revenue target from 800 billion that he wanted in negotiation weise boehner, in 2011, why did he had less access. i think the question is billion than he was looking for before. this gives him a better starting point. i do think that both sides are going to try to work something out before the end of the year because they are all worried about the impact on the economy, not just in jab, but right now while you're watching the stock market and others negatively react to...
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Nov 17, 2012
11/12
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. >> reporter: john boehner proposed that leaders establish a framework in the next six weeks for widescale reform of the tax code, medicare and social security in 2013. the goal would be to set specific targets now for savings for those reforms. that would negate the need for deep spending cuts that are set to kick in on january 1st. >> take some deep breaths. >> reporter: while democrats balk at any intention of entitlement reform, nancy pelosi signals a new openness >> do we want to have saves from everything that we do? certainly. we need revenue, savings, and growth. >> reporter: she said there appeared to be interest among the leaders for a big deal, $4 trillion in deficit reduction along the lineups of the grand bargain -- lines of the grand bargain that fell apart between the president dent and john boehner last year. >>> tonight the shelves are empty. >> i'm just fighting for my rights and don't take away what i got. >> the twinkie is now a story of lost jobs. >> it's a childhood memory, definitely. >> in the creamy filling, there is also a lesson in nostalgia. why so many american
. >> reporter: john boehner proposed that leaders establish a framework in the next six weeks for widescale reform of the tax code, medicare and social security in 2013. the goal would be to set specific targets now for savings for those reforms. that would negate the need for deep spending cuts that are set to kick in on january 1st. >> take some deep breaths. >> reporter: while democrats balk at any intention of entitlement reform, nancy pelosi signals a new openness...